News updates from October 28: Volkswagen to close German plants and cut jobs; Elon Musk sued over $1mn voter giveaway

Quick Summary:

The Nikkei 225 index rose 1.7 per cent.The yen slid 0.9 per cent against the dollar to trade at ¥153.6, its weakest level since July.

Brent crude, the international benchmark, fell as much as 5 per cent before paring back losses to trade down 4.4 per cent at $72.70 per barrel.Gold also edged lower.

Ford’s share price fell about 5 per cent in after-hours trading on Monday.

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Article Details

Author / Journalist: Peter Wells

Category: MarketsFinanceInvesting

Markets: United StatesAustraliaBelizeBulgariaChinaGeorgiaGermanyHong KongIndiaIsraelJapanNorth KoreaOmanSingaporeTaiwanUkraineUruguay

Topics: Benchmark Cent Results Starmer Trading Election Week Minister Iran Monday Rose

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-28 @ 22:48:54 (3 days ago)

News Timezone: GMT -5:00

News Source URL: ft.com

Language: English

Article Length: 4090 words

Reading Time: 23 minutes read

Sentences: 168 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Financial Times

News ID: 23339784

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About Financial Times

Main Topics: MarketsFinanceInvesting

Official Website: ft.com

Update Frequency: 10 posts per day

Year Established: 1888

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

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News Language: English

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Publisher ID: #3

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